Los Angeles Dodgers, Time Warner Cable Near Deal

The Los Angeles Dodgers are poised to partner with Time Warner Cable Inc. to launch their own regional sports network, according to people with knowledge of the process.

If consummated, the deal is expected to be valued at more than $6 billion over at least the next 25 years, according to the people. It would highlight the continuing escalation in the price of TV rights for sports as well as the desire on the part of the biggest...